Nippon Steel (OTCMKTS:NPSCY) Releases Quarterly Earnings Results

Nippon Steel (OTCMKTS:NPSCY) announced its earnings results on Thursday. The company reported $0.25 EPS for the quarter, Zacks reports. Nippon Steel had a net margin of 5.34% and a return on equity of 8.22%.

Nippon Steel Price Performance

Shares of OTCMKTS NPSCY opened at $7.44 on Friday. The company’s fifty day moving average is $6.74 and its two-hundred day moving average is $6.98. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.97. The firm has a market capitalization of $23.99 billion, a P/E ratio of 7.59 and a beta of 0.92. Nippon Steel has a one year low of $6.11 and a one year high of $8.67.

About Nippon Steel

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.